10415 SE Main St offers a rare covered-land investment opportunity in the heart of Historic Downtown Milwaukie. The site is improved with an existing drive-thru building leased to a credit tenant on an absolute NNN basis through 4/30/2027, delivering secure, management-free income while preserving long-term redevelopment upside. Favorable DMU zoning allows for flexible commercial and mixed-use reuse at lease expiration, positioning the property for value-add investors targeting both near-term cash flow and future development potential in a rapidly reinvesting downtown corridor. 10415 SE Main St sits along SE Main St in the heart of Historic Downtown Milwaukie, minutes south of Portland. The site offers strong visibility along the SE Main St/McLoughlin Blvd (Hwy 99E) corridor, with flexible DMU zoning that supports redevelopment. The Milwaukie/Main Street TriMet MAX Orange Line station is a short walk away, providing direct light rail access to downtown Portland.